SpacePay Gains Merchant Traction with Low-Cost Crypto Payments
London-based fintech startup SpacePay is disrupting traditional payment processing with its crypto-focused solution, offering merchants a 0.5% transaction fee—significantly lower than the 2.5%-3.5% charged by credit card companies. The platform supports over 325 crypto wallets and provides instant fiat settlement.
Early adoption metrics show strong demand, with SpacePay raising $1 million in its ongoing presale. $SPY tokens currently trade at $0.003181. A hypothetical $40k/month restaurant would save $12,000 annually by switching from traditional 3% fee processors to SpacePay’s model.